Allete Begin Period Cash Flow from 2010 to 2024

ALE Stock  USD 65.00  0.07  0.11%   
Allete's Begin Period Cash Flow is decreasing over the years with very volatile fluctuation. Overall, Begin Period Cash Flow is expected to go to about 69.9 M this year. Begin Period Cash Flow is the amount of cash Allete Inc has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities. View All Fundamentals
 
Begin Period Cash Flow  
First Reported
1994-03-31
Previous Quarter
37.9 M
Current Value
41.3 M
Quarterly Volatility
83.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Allete financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allete's main balance sheet or income statement drivers, such as Interest Expense of 84.8 M, Total Revenue of 1.1 B or Gross Profit of 458.4 M, as well as many indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.0611 or PTB Ratio of 0.94. Allete financial statements analysis is a perfect complement when working with Allete Valuation or Volatility modules.
  
Check out the analysis of Allete Correlation against competitors.

Latest Allete's Begin Period Cash Flow Growth Pattern

Below is the plot of the Begin Period Cash Flow of Allete Inc over the last few years. It is the amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities. Allete's Begin Period Cash Flow historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Allete's overall financial position and show how it may be relating to other accounts over time.
Begin Period Cash Flow10 Years Trend
Very volatile
   Begin Period Cash Flow   
       Timeline  

Allete Begin Period Cash Flow Regression Statistics

Arithmetic Mean75,382,222
Geometric Mean68,031,757
Coefficient Of Variation43.96
Mean Deviation26,738,963
Median79,000,000
Standard Deviation33,140,437
Sample Variance1098.3T
Range118.3M
R-Value(0.11)
Mean Square Error1168.9T
R-Squared0.01
Significance0.70
Slope(803,095)
Total Sum of Squares15376T

Allete Begin Period Cash Flow History

202469.9 M
202340.2 M
202247.7 M
202165.2 M
202092.5 M
201979 M
2018110.1 M

About Allete Financial Statements

Allete stakeholders use historical fundamental indicators, such as Allete's Begin Period Cash Flow, to determine how well the company is positioned to perform in the future. Although Allete investors may analyze each financial statement separately, they are all interrelated. For example, changes in Allete's assets and liabilities are reflected in the revenues and expenses on Allete's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Allete Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Begin Period Cash Flow40.2 M69.9 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Allete Inc is a strong investment it is important to analyze Allete's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allete's future performance. For an informed investment choice regarding Allete Stock, refer to the following important reports:
Check out the analysis of Allete Correlation against competitors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allete. If investors know Allete will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allete listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.48)
Dividend Share
2.793
Earnings Share
3.12
Revenue Per Share
27.217
Quarterly Revenue Growth
0.075
The market value of Allete Inc is measured differently than its book value, which is the value of Allete that is recorded on the company's balance sheet. Investors also form their own opinion of Allete's value that differs from its market value or its book value, called intrinsic value, which is Allete's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allete's market value can be influenced by many factors that don't directly affect Allete's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allete's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allete is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allete's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.